VEGOILS-Market factors to watch April 24
The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil slid 1.2 percent on Wednesday, giving up some of this
week's gains due to pressure from improving weather in Southeast Asia and lower
prices for rival commodity soybean oil.
* U.S. corn futures advanced for a second straight session on Wednesday, adding
more than 1 percent on firm cash markets and as cooler and wetter weather in the
central United States stalled planting of the crop in the western corn
belt.
* Crude oil futures slipped on Wednesday after weekly data showed U.S. crude
inventories hit a record high, though Brent managed to settle above $109 on
support from the ongoing crisis in Ukraine.
MARKET NEWS
* Global equity markets rose on Tuesday, lifted by solid U.S. corporate earnings
and deal-making activity among European drugmakers, while the euro edged above
break-even.
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DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release Malaysia's April 1-25 palm oil export data on April 25.
Palm, soy and crude oil prices at 0023 GMT
Contract Month Last Change Low High Volume
MY PALM OIL MAY4 0 +0.00 0 0 0
MY PALM OIL JUN4 0 +0.00 0 0 0
MY PALM OIL JUL4 0 +0.00 0 0 0
CHINA PALM OLEIN SEP4 0 +0.00 0 0 0
CHINA SOYOIL SEP4 0 +0.00 0 0 0
CBOT SOY OIL JUL4 42.74 -0.04 42.69 42.76 333
NYMEX CRUDE JUN4 101.56 +0.12 101.48 101.63 794
Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
Crude in U.S. dollars per barrel
* For a table on Malaysian physical palm oil prices, including refined oil,
Reuters Terminal users can double click on or type.
* To view freight rates from Peninsula Malaysia/Sumatra to China, India,
Pakistan and Rotterdam, please key in and press enter, or double
click between the brackets.
* Reuters Terminal users can see cash and futures edible oil prices by
double clicking on the codes in the brackets: To go to the next page in the same
chain, hit F12. To go back, hit F11.
Vegetable oils --
Malaysian palm oil exports --
CBOT soyoil futures --
CBOT soybean futures --
Indian solvent --
Weekly Indian vegetable oils --
Dalian Commodity Exchange --
Dalian soyoil futures --
Dalian refined palm oil futures --
Zhengzhou rapeseed oil --
European edible oil prices/trades --